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13 November, 15:47

Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks

increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater

move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds?

A.

$8,900

OB. $8,500

C.

$8.288

D.

$8,100

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Answers (2)
  1. 13 November, 16:49
    0
    Mr. Slater invested $100,000 in a portfolio that is contains 60% stocks and 40% bonds. Over the course of a year, the value of the stocks increased to 67%, and the value of the bonds decreased to 33%. The current value of his investment is $118,400. How much should Mr. Slater move from stocks to bonds to rebalance his portfolio to 60% stocks and 40% bonds?

    A.

    $8,900

    B.

    $8,500

    C.

    $8,288

    D.

    $8,100

    Step-by-step explanation:

    #platofam
  2. 13 November, 19:46
    0
    c. 8288
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